Quote:
Originally Posted by AdultB2B
I can't see it going much lower. Been pretty flat for months now.
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Sure that's because it wasn't as much a weak Euro story as it was a strong dollar story. That dollar strength was on expectations of a rate hike which now have been pushed back (in most analyst views) out until March 2016 earliest. Also, although US growth is better than elsewhere more weakness is now likely to show up in Q3.
We're also seeing dollar pull back significantly so I expect it will continue into next year.